Federal Reserve governor Adriana Kugler said Friday she will resign from the central bank's Board of Governors effective Aug. 8, meaning President Trump could have a replacement in her seat earlier than expected. The term of Kugler, who was appointed by President Biden, was due to expire on Jan. 31. "It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler wrote in an Aug. 1 resignation letter to President Trump posted by the Fed, which did not offer a stated reason for her early departure. “I am especially honored to have served during a critical time in ... (full story)